GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TAG Oil Ltd (FRA:T0P) » Definitions » Cyclically Adjusted FCF per Share

TAG Oil (FRA:T0P) Cyclically Adjusted FCF per Share : €0.00 (As of Dec. 2023)


View and export this data going back to 2010. Start your Free Trial

What is TAG Oil Cyclically Adjusted FCF per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

TAG Oil's adjusted free cash flow per share for the three months ended in Dec. 2023 was €-0.025. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is €0.00 for the trailing ten years ended in Dec. 2023.

During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 7.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 4.40% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 20.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of TAG Oil was 42.50% per year. The lowest was 1.20% per year. And the median was 5.65% per year.

As of today (2024-05-08), TAG Oil's current stock price is €0.404. TAG Oil's Cyclically Adjusted FCF per Share for the quarter that ended in Dec. 2023 was €0.00. TAG Oil's Cyclically Adjusted Price-to-FCF of today is .


TAG Oil Cyclically Adjusted FCF per Share Historical Data

The historical data trend for TAG Oil's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TAG Oil Cyclically Adjusted FCF per Share Chart

TAG Oil Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.18 -0.16 -0.16 -0.18 -0.13

TAG Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.12 -0.13 -0.13 -0.13 -

Competitive Comparison of TAG Oil's Cyclically Adjusted FCF per Share

For the Oil & Gas E&P subindustry, TAG Oil's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TAG Oil's Cyclically Adjusted Price-to-FCF Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TAG Oil's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where TAG Oil's Cyclically Adjusted Price-to-FCF falls into.



TAG Oil Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, TAG Oil's adjusted Free Cash Flow per Share data for the three months ended in Dec. 2023 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.025/125.4675*125.4675
=-0.025

Current CPI (Dec. 2023) = 125.4675.

TAG Oil Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201403 -0.176 98.604 -0.224
201406 -0.058 99.473 -0.073
201409 -0.051 99.394 -0.064
201412 -0.089 98.367 -0.114
201503 -0.046 99.789 -0.058
201506 -0.074 100.500 -0.092
201509 0.011 100.421 0.014
201512 -0.054 99.947 -0.068
201603 -0.009 101.054 -0.011
201606 -0.021 102.002 -0.026
201609 -0.016 101.765 -0.020
201612 -0.033 101.449 -0.041
201703 -0.027 102.634 -0.033
201706 -0.063 103.029 -0.077
201709 -0.075 103.345 -0.091
201712 0.005 103.345 0.006
201803 -0.011 105.004 -0.013
201806 0.014 105.557 0.017
201809 -0.003 105.636 -0.004
201812 -0.003 105.399 -0.004
201903 -0.007 106.979 -0.008
201906 0.010 107.690 0.012
201909 -0.025 107.611 -0.029
201912 0.003 107.769 0.003
202003 0.008 107.927 0.009
202006 -0.010 108.401 -0.012
202009 -0.008 108.164 -0.009
202012 -0.005 108.559 -0.006
202103 -0.007 110.298 -0.008
202106 -0.007 111.720 -0.008
202109 -0.006 112.905 -0.007
202112 -0.010 113.774 -0.011
202203 -0.007 117.646 -0.007
202206 -0.006 120.806 -0.006
202209 -0.007 120.648 -0.007
202212 -0.038 120.964 -0.039
202303 -0.023 122.702 -0.024
202306 -0.024 124.203 -0.024
202309 -0.020 125.230 -0.020
202312 -0.025 125.468 -0.025

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.


TAG Oil  (FRA:T0P) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


TAG Oil Cyclically Adjusted FCF per Share Related Terms

Thank you for viewing the detailed overview of TAG Oil's Cyclically Adjusted FCF per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


TAG Oil (FRA:T0P) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TAG Oil Ltd (FRA:T0P) » Definitions » Cyclically Adjusted FCF per Share
Traded in Other Exchanges
Address
1710 - 1050 West Pender Street, Suite 2040, Vancouver, BC, CAN, V6E 3S7
TAG Oil Ltd is a Canada-based oil and gas exploration, development, and production company. It operates through three geographical segments namely Canada, New Zealand, and Australia. Geographically, the firm generates a majority of its revenue from New Zealand.

TAG Oil (FRA:T0P) Headlines

No Headlines